(Bloomberg) — The world’s biggest producer of iPhones is going to outer space.Most Read from BloombergAn Opioid-Like Drink Is Masquerading As a Wholesome Alcohol AlternativeXi Jinping’s ‘Old Friends’ from Iowa Get a Dinner InvitationTrump’s 40 Wall St. Loan Transferred to Special ServicerUS Credit-Rating Outlook Changed to Negative by Moody’sThe Diamond World Takes Radical Steps to Stop a Pricing PlungeTwo prototype low-Earth orbit satellites made by Hon Hai Precision Industry Co., better known
Apple’s Top iPhone Supplier Goes to Outer Space With New Satellites
The world’s biggest producer of iPhones is going to outer space.
Two prototype low-Earth orbit satellites made by Hon Hai Precision Industry Co., better known as Foxconn, took off aboard a SpaceX rocket from Vandenberg Space Force Base in southern California on Saturday.
The launch of the LEO satellites marks a key moment for the Taiwanese electronics manufacturer as it diversifies into new sectors, a shift that is taking greater urgency as some of its established businesses such as smartphones and laptops struggle. Foxconn is aiming to demonstrate that it has satellite technology to tap growing demand for communications from space.
